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YIT has acquired a plot for a significant area development project in Prague, the Czech Republic (CZ)

YIT has acquired an approximately 9 hectare (90,000 m²) plot in Prague’s 9th district for its area development project. The plot acquisition is a significant step as a growth enabler for bus ...

Klépierre and Corio will merge at the end of the month (FR/NL)

Klépierre S.A. and Corio N.V. today announce that all conditions precedent to the implementation of the merger of Klépierre and Corio have been fulfilled. The merger is scheduled to take effect on 3 ...

British Land exchanges €1 bln of joint venture properties with Tesco (UK)

British Land announces it has completed a £733 mln (approx. €1.012 bln) property exchange transaction with Tesco.  Under the terms of the transaction, British Land has sold its 50% interest in a j ...

Invesco sells Parisian office assets (FR)

Invesco Real Estate, the global real estate investment manager, is pleased to announce the sale of two Parisian office assets, Rue Marignan and Rue Marbeuf following an extensive 18-month refurbishmen ...

Valad boosts UK portfolio with €32.8 mln of acquisitions for its Valad European Diversified Fund (UK)

Valad Europe, the leading independent diversified real estate investment manager, has acquired three UK properties for a total of £23.7 mln (€32.7 mln) on behalf of the Valad European Diversified F ...

Tristan Fund EPISO 3 completes €31 mln purchase of German logistics park (DE)

An opportunistic fund advised by pan‐European real estate investment manager Tristan Capital Partners has purchased a 24.3 hectare logistics park in the major German distribution hub of North Rhine, ...

NEINVER: Sales rose by 10% to €952.29 mln at all managed outlet centers (EU)

The outlet centers managed by NEINVER in six European markets ended 2014 with positive figures for both sales and visits. The 15 centers attracted more than 41.48 mln visitors, up 5% from 2013. Sales ...

SEB sells its German real estate investment management business to Savills (DE)

SEB has signed an agreement to sell its German real estate investment management business, SEB Asset Management AG, including its main subsidiary SEB Investment GmbH, to Savills plc for a consideratio ...

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